Fimi insists on
New Delhi, 13 Sep. Sep. In a recent letter to Trade and Industry Minister Piyush Goyal, the Federation of Indian Mineral Industries (FIMI) said: “To have an effective utilization and monetization of low-grade iron ore and have a better availability of iron ore for the domestic steel industry, we humbly that there is no export tax on the export tax on the export tax on the export tax on the export tax on the export tax on the export tax on the export. be imposed. ” Fimi said the domestic steel industry is currently consuming only high degree of iron ore (62% Fe), and that there is virtually no demand for low-grade fines in India. The accumulated low-grade material, especially penalties generated during mining, remains stranded to mining heads or in old dumps. Limited quantities are consumed for grain production, but the majority remains unused. This situation not only holds environmental challenges, but also limits scientific and sustainable mining, as fines cannot be removed from the mining rental areas unless executed. Executing these fines is a win-win because it supports scientific mining, avoids mining, preserving employment and bringing in foreign exchange. Fimi has indicated that the country with large iron ore resources is equipped that there is no shortage of iron ore in the country. The iron ore production is increasing a year-on-year, both to meet the domestic demand for steel manufacturing (mainly 60� ore), as well as the surpluserts for which there is hardly much question. Production has gradually increased, and with the recent MMDR Amendment Act, 2025, new mineral blocks are expected to be in effect soon, further improving the offer. It was quoted that the information of India in 2020-21 to 152.18 million tonnes in 2024-25 grew from 103.54 million tonnes in 2020-21 to 152.18 million tonnes. The projected surplus according to Fimi estimates for 2025-26 is 35 million tons. A key issue highlighted by Fimi is that only 25-30 percent of the production in the process of mining is in the form of useful lumps, while the remaining 70-75 percent exists, many of which fall under the 58 percent FE threshold. These fines cannot be used by the MSME or steel sectors in India. In addition, the inability to evacuate low -grade fines leads to a reduced production of ore at higher grade, affecting total operating output and downstream operations.